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Companies

Firepoint Energy plans to lease 100 acres in Pennsylvania for waste-to-coal-energy development

By Kim Riley  |   October 23, 2024   |   Companies

Firepoint Energy Inc., a developer of waste-coal-to-energy, intends to lease 100 acres in Indiana County, Pa., to develop a pilot site for extracting lithium, creating synthetic jet fuel, and eliminat...

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Little Leaf Farms expanding McAdoo location

By Melina Druga  |   October 22, 2024   |   Companies

Massachusetts-based Little Leaf Farms, a controlled environment agriculture (CEA) company, recently announced it is expanding its McAdoo campus. Earlier this month, the company opened a third green...

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B. Braun provides update on company efforts to secure IV fluid supplies

By Melina Druga  |   October 22, 2024   |   Companies

Bethlehem-based B. Braun Medical, a smart infusion therapy and pharmacy products provider, recently issued an update on its efforts to secure IV fluid supplies. The company worked closely with the ...

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Proposed federal funding would support construction of new Infinera manufacturing plant in PA

By Kim Riley  |   October 21, 2024   |   Companies

United States lawmakers representing Pennsylvania applauded a newly proposed federal investment that could help semiconductor manufacturer Infinera Corp. build a new plant in Bethlehem, Pa.  Speci...

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Luxembourg company to purchase Universal Stainless and Alloy Products

By Melina Druga  |   October 21, 2024   |   Companies

Luxembourg-based Aperam, a company specializing in stainless, electrical and specialty steel, recently agreed to purchase Bridgeville, Pa.-based Universal Stainless and Alloy Products, a manufacturer ...

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Tolerance Bio raises $17.2 million in financing

By Melina Druga  |   October 18, 2024   |   Companies

Philadelphia-based Tolerance Bio, a biopharmaceutical company focused on manipulating immune tolerance via the thymus to address various immune-mediated diseases, recently raised $17.2 million during ...

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PPG Industries takes ‘self-help’ actions to reduce cost structure

By Kim Riley  |   October 18, 2024   |   Companies

Pittsburgh-based PPG Industries Inc., a global supplier of paints, coatings, and specialty materials, said Thursday it has reached a definitive agreement to sell 100 percent of its architectural coati...

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Energy leader plans exit from PG&E to serve at UGI Corp.

By Kim Riley  |   October 17, 2024   |   Companies

The Board of Directors for UGI Corp., a natural gas and electric power distribution company headquartered in King of Prussia, Pa., appointed Robert Flexon, 66, as the company’s new president and chi...

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Hershey signs agreements with nine African cocoa-producing cooperatives

By Melina Druga  |   October 17, 2024   |   Companies

The Hershey Company recently announced it signed five-year agreements with nine cocoa-producing cooperatives in Côte d'Ivoire and with Sucden, a French soft commodities trader. The agreements inc...

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Vision RNG closes on sale of tax credits to fund new development efforts

By Kim Riley  |   October 17, 2024   |   Companies

Vision RNG LLC, a green energy supplier in Washington County, Pa., said Tuesday the company successfully sold $11.6 million in Investment Tax Credits (ITCs) under the Inflation Reduction Act that will...

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WhiteHawk Energy renews proposal to buy PHX Minerals

By Kim Riley  |   October 16, 2024   |   Companies

WhiteHawk Energy LLC, which is focused on acquiring mineral and royalty interests in the Permian Basin, Eagle Ford Shale, Haynesville Shale, and Marcellus Shale, this week reiterated its proposal to b...

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PJM concerned rising demand, retiring resources could leave system vulnerable

By Kim Riley  |   October 16, 2024   |   Companies

Norristown, Pa.-based PJM Interconnection LLC, a regional transmission organization (RTO), released its winter outlook on Monday warning that while adequate resources exist to serve the forecasted dem...

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UPMC names next executive vice president

By Melina Druga  |   October 15, 2024   |   Companies

UPMC, the second largest provider-sponsored insurer in the United States, recently named Mary Beth L. Jenkins as executive vice president. Jenkins was also named UPMC Health Plan president and CEO...

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ACR purchases New Jersey product supply company

By Melina Druga  |   October 15, 2024   |   Companies

Exton-based ACR, an essential foodservice supplies supplier, recently purchased New Jersey-based Mat-Pac, a product supplier for the North American foodservice and janitorial/sanitation markets. "...

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PA House Republicans urge Biden to approve deal between U.S. Steel, Nippon Steel

By Kim Riley  |   October 11, 2024   |   Companies

Several Pennsylvania state Republican representatives introduced a resolution in the General Assembly Oct. 9 urging President Joe Biden to approve the sale of U.S. Steel Corp. to Nippon Steel Corp. to...

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BAE Systems receives $184M contract modification for U.S. Army AMPV production

By Melina Druga  |   October 11, 2024   |   Companies

BAE Systems, a London-based defense and space manufacturing company, recently received a $184 million contract modification, which adds 48 Armored Multi-Purpose Vehicles (AMPV) to an existing U.S. Arm...

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Acrow installs solar panels at Milton facility

By Melina Druga  |   October 11, 2024   |   Companies

Acrow, a New Jersey-based international bridge engineering and supply company, recently completed the installation of rooftop-mounted solar panels at its steel manufacturing facility in Milton. Th...

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PPG agrees to supply Georgia company with flooring products

By Melina Druga  |   October 10, 2024   |   Companies

PPG recently signed a strategic agreement with Georgia-based Shaw Industries Group, a flooring and other surface solutions provider, to offer the PPG FLOORING line of resinous flooring products to Sha...

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Vishay Precision Group releases ESG report

By Melina Druga  |   October 10, 2024   |   Companies

Malvern-based Vishay Precision Group, a precision measurement and sensing technologies company, recently released its inaugural environmental, social, and governance (ESG) sustainability report. Th...

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Eight wine projects receive $1M in research and marketing grants

By Melina Druga  |   October 9, 2024   |   Companies

The PA Liquor Control Board recently awarded eight projects $1 million in research and marketing grants to increase sales, production, and quality of Pennsylvania wines. “William Penn literally p...

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